November 17, 2024 10:46 am
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Phoenix home resale prices fall in August

home resalesEarly calculations show Metro Phoenix’s resale home prices dropped in August.

The Arizona Regional Multiple Listing Service’s pending sales index says the median price for existing houses is expected to be about $195,000, down from $197,000 in July.

New home prices are included the area’s overall median home sales price, which is at least $10,000 higher and takes longer to calculate.

Arizona State University’s W.P. Carey School of Business reports rthe latest data show the Valley’s overall median price was $211,000 in June.

Reported by Catherine Reagor, The Arizona Republic. 

If you’d like to discuss real estate matters, contact Rose Law Group founder Jordan Rose, jrose@roselawgroup.com

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.